According to Malaysiakini, the price of RON97 fuel will be increased to RM2.90 per litre at midnight today, up 20 sen from the previous price of RM2.70 which was on the 1st of April 2011.
If this trend continues, the price of RON97 would probably hit over RM3.00 per litre by the end of the year. This is the fifth monthly increase in a row since December last year. The margin of increase has also been going up, with the first three hikes being only 10 sen, with subsequent increases being 20 sen.
RON95 and diesel remains unchanged for now.
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AI-generated Summary ✨
Comments express frustration over the fuel price hike, with many criticizing the government for not adjusting RON95 prices despite increases in crude oil costs, and accusing them of political manipulation ahead of elections. Some highlight the disparity in fuel costs compared to neighboring countries like Thailand and Brunei, and argue that the high car prices are due to excessive taxes rather than fuel costs. Several comments emphasize that most Malaysians use RON95, and the increase would predominantly impact the average citizen, especially those with lower income or older vehicles requiring higher octane fuel. Others suggest that the government’s strategy appears to be to increase fuel prices gradually to influence political gains, while some view the situation as a consequence of poor governance, corruption, and the need for better public transportation. Overall, the sentiment is largely negative, with a call for government accountability and better policies.